anonymous
Guest
anonymous
Guest
Best Buy adapted to the market, fewer big box stores/more small outlets in malls and airports/more online buying channels.Nah, the silent no-named person(s) are in NYC. Jim had to get appointed by someone. Some idiot there thought Jim's way was a way to grow. He spent more money than the company brought in which is crazy when you think about the thousands of specimens and dollars coming in. He wouldn't cut spending where it needed to happen and it has now ruined everything.
I was just reading an article about Radio Shack and Circuit City kept spending money and they filed for bankruptcy. Yet Best Buy skinned down and laid off 10-20% of the company and rebuilt and they are now back to growing.
The board placed bets on Jim's spending plan to continue throwing money at the same problem with the same way. Insanity definition. look it up.
Atherotech's management was way too stupid, pompous and arrogant to adapt to today's market.